UK Remote iGaming Rises to £800m

Igaming industry news source EGR Magazine reports today that UK-based egaming operators saw gross gambling yield (GGY) approach £800m in the year ended 30 September 2012, according to the latest figures published by the UK Gambling Commission.

EGR Magazine reports a total GGY rise from £710.43m reported in the April 2011-March 2012 period to £795.53m in October 2011 – September 2012, despite betting exchange figures witnessing a substantial drop due to UK betting exchange  .Casino turnover increased to £754.04m for the period October 2011 – September 2012, a four-year high which led to a £10.93m increase in GGY.

Football betting remains the dominant driver of betting revenues, comprising 40% of all remote betting revenue while the rise of in-game betting in tennis was reflected in GGY for the sport rising to £106.19m for the period, putting the sport on a par with horse betting in Commission regulated markets. The remote casino sector, slots continued its rise, with GGY increasing to £19.27m for the year to September, up £6.83m from the year ended 30 April. GGY from table games also rose during the period, reaching £7.99m.

To view the full report please click here to visit EGR Magazine